Page 34 - Wilo PR Report - May 2024
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Wilo surpasses AED 7.82bln in net sales globally in 2023 with strong focus on sustainability and diversification
Wilo's EBITDA reached a new record high of AED 848.27 million. Image Courtesy: Wilo
Wilo surpasses AED 7.82bln in net sales globally in 2023
with strong focus on sustainability and diversification
Company holds significant poten al in the Middle East and Africa pump market, which is expected
to grow to USD 11.93 billion by 2028
Press Release
May 13, 2024
UAE: Wilo Group, a leading pump manufacturer and digital pioneer in the pump industry, reveals remarkable
financial results for the fiscal year 2023, and con nues to grow profitably and sustainably. Despite a challenging
market environment, the mul na onal technology group achieved record net sales of around AED 7.82 billion in
the 2023 financial year. This corresponds to a currency-adjusted increase of 10.4 per cent compared to the
previous year.
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